Copenhagen-based Skycore Semiconductors has raised €5M in seed funding to commercialize its Power Integrated Circuit (IC) technology built for next-generation AI data centers moving toward 800V HVDC architectures. The round was led by the Amadeus APEX Technology Fund, with participation from First Momentum, Mätch VC, and Balnord, bringing the company’s total funding to €7.5M. Skycore […] Read more ›
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Nordic Bioproducts Group (NBG), a Finnish manufacturer of Microcrystalline Cellulose (MCC), has partnered with C.Q. Massó in Spain and Portugal and secured a distributor in Italy to strengthen MCC supply for the beauty and personal care industries. These partnerships aim to support manufacturers in meeting evolving EU regulations on harmful ingredients and product traceability. MCC, […] Read more ›
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T-robotics, based in San Francisco and Trondheim, has secured $5.4 million in Seed funding co-led by Emergent Ventures and Engine Ventures, with additional participation from Berkeley Skydeck and Raisewell. The company develops ActGPT, a robot-agnostic software that uses natural language and pre-trained AI models to simplify programming and enhance the adaptability of industrial robots. The […] Read more ›
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Norwegian fintech Settle has been acquired by UK-based payments firm Sokin in a strategic move to enhance technological capabilities and expand market presence. Founded in 2010, Settle revolutionized mobile payments in the Nordics with the launch of the first mobile payment platform in Norway, mCASH. Today, Settle’s platform enables consumers and businesses across Europe to […] Read more ›
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Stockholm-based fintech company Mynt has raised €22 million in a Series B funding round, bringing its total funding to over €50 million. The round was led by Vor Capital, with participation from existing investors CNI and Incore. Mynt provides corporate credit cards and spend management solutions tailored to SMEs, with a focus on integrating its […] Read more ›
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HeavyFinance, a climate tech company dedicated to advancing sustainable agriculture, has secured €14 million in funding through a partnership with Multitude Bank. The investment, supported by a €10.5 million portfolio guarantee from the European Investment Fund (EIF), will enable HeavyFinance to provide loans to small- and medium-sized farms across the EU, helping them adopt regenerative […] Read more ›
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Maria 01, the Nordics’ largest startup hub, has announced a milestone achievement. Its member and alumni startups have collectively raised over €1 billion in funding since 2016, reflecting the hub’s growing role in Finland’s innovation landscape. The funding milestone underscores Maria 01’s position as a key driver in early-stage venture capital investments, with member and […] Read more ›
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Freya Cultivation Systems, a Lithuania-based AgTech startup, has raised €500,000 in seed funding from Coinvest Capital, BSV Ventures, and private investors Paulius Vilemas and Marko Lehtovaara. The funding will be used to build a demonstration greenhouse near Kaunas to test and validate the company’s Aeroframe system, a three-dimensional greenhouse technology designed to increase crop yields […] Read more ›
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Aisti, a Jyväskylä-based company specializing in acoustic tiles made from renewable wood fibers, has secured €29 million in Series A funding to build its first commercial factory in Kitee, Finland. The round included contributions from investors such as Voima Ventures, Maki.vc, and the Valve Ventures consortium, along with non-equity financing from Norion Bank, the South […] Read more ›
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AgriRobot, a Lyngby-based company developing safety software for autonomous agricultural robots, has raised over €2.5M in equity and grant funding in its latest round, led by Norminal Ventures with participation from Tall Grass Ventures. AgriRobot specializes in functional safety for equipment manufacturers transitioning to autonomous operations. The company focuses on creating certifiable software to ensure […] Read more ›
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Nordic Angels, a prominent network of angel investors in the Nordic region, has appointed Kustaa Valtonen and Peter Vesterbacka as founding members of its new Finnish chapter. Valtonen is recognized for his leadership in the Helsinki-Tallinn tunnel project, while Vesterbacka, a former executive at Rovio Entertainment, played a key role in the global success of […] Read more ›
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Danish ERP solutions provider cspaar has partnered with Sweden’s Qred Bank AB to offer business loans of up to €268.1K (2,000,000 DKK), targeting the growth needs of small and medium-sized enterprises (SMEs) in Denmark. cspaar, known for its user-friendly ERP systems and business optimization tools, is enhancing its offerings by integrating Qred’s swift and transparent […] Read more ›
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Helsinki-based Arctic Instruments, a spinout from VTT Technical Research Centre of Finland, has raised €2.35 million in funding to advance its superconducting microwave amplifier technology, pivotal for scaling quantum computers. The funding round was led by Lifeline Ventures, known for backing early-stage category leaders. Arctic Instruments specializes in manufacturing near-quantum-limited amplifiers, essential for accurate qubit […] Read more ›
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Novatron Fusion Group has secured €3 million in funding from the EIC Pathfinder Program for its TauEB project, which focuses on improving plasma confinement in fusion reactors. The project, developed in collaboration with KTH Royal Institute of Technology, KIPT, UKAEA, and EIT InnoEnergy, seeks to enhance the stability and efficiency of energy containment in fusion […] Read more ›
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Copenhagen-based Endless Food Co has raised €1 million in pre-seed funding to advance its alternative to traditional chocolate, called THIC (This Isn’t Chocolate). The funding, led by Nordic Foodtech VC and joined by EIFO and Rockstart, will help the company build a pilot plant, expand its production capabilities, and grow its team. THIC is made […] Read more ›
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Copenhagen-based Dynelectro, a specialist in solid oxide electrolysis systems, has formalized its collaboration with Italian technology provider SolydEra to deliver a 1 MW electrolyser by September 2025. Leveraging Dynelectro’s expertise in designing efficient and flexible MW-scale electrolyser units, the project aims to support green hydrogen production for European Energy, utilizing electricity from wind power. The […] Read more ›
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Telness Tech, a Stockholm-based telecom technology company, has joined forces with VAS2Nets, a Nigerian tech solutions provider, and Lebara, a global MVNO brand, to launch a new Mobile Virtual Network Operator (MVNO) in Nigeria. This venture aims to deliver high-quality, affordable mobile services to one of Africa’s fastest-growing telecommunications markets. Telness Tech’s automated software platform […] Read more ›
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Antag Therapeutics, a Copenhagen-based biopharmaceutical innovator, has secured €80 million in a Series A financing round led by Versant Ventures. Novo Holdings, SR One, Dawn Biopharma, Pictet, Longview Ventures, and EIFO also participated. The funds will propel the clinical development of AT-7687, a once-weekly GIPR antagonist peptide aimed at revolutionizing obesity treatment by complementing GLP-1-based […] Read more ›
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Helsingborg-based Acorai, a pioneer in non-invasive heart failure management devices, has raised $4.5 million in funding from the European Innovation Council (EIC) Fund, Taiwan Medical University, and private investors. The funding will support the completion of the company’s CAPTURE-HF clinical study, which enrolled over 1,600 patients across 20 hospitals in six countries, and aid in […] Read more ›
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Malmö-based climate tech startup Emission Twin (formerly The Ontology Way) has raised €800,000 (SEK 10 million) in a new funding round to expand its operations and further develop its platform for reducing greenhouse gas emissions. The funding comes from a mix of new and existing investors, including Helsingborg-based Loop Capital and the female-focused investment network […] Read more ›
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Visma has announced plans to acquire Penneo, a Danish-listed SaaS company, through a voluntary cash offer of DKK 16.50 per share, representing a 109.9% premium on its latest closing price. Penneo provides digital signing and Know Your Customer (KYC) solutions tailored to anti-money-laundering-regulated businesses across Europe. The acquisition, backed by major shareholders representing 52.9% of […] Read more ›
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19.12.2025 18:26
Last update: 18:20 EDT.
News rating updated: 01:21.
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